KUWAIT CITY, Nov 8: KFH-Research LTD, a subsidiary of Kuwait Finance House “KFH” was awarded the Best Islamic Finance Research Firm Award from IFN, a leading Global Islamic Financial Magazine and News Service. This award was voted by the Islamic finance industry practitioners, clients, leading corporations, financial investors and issuers of sukuks. As such, the award is prestigious because KFH-Research was voted by KFH competitors and clients as Best provider of Global Research, beating other Global consultants and leading Banks in the GCC. This award is the 15th award of Excellence bestowed on KFHR since inception 6 years ago.
KFH-Research Chairman Eng Fahad Khaled Al-Mukhaizeem stated in a press release that bagging such award from a prestigious entity attests to the outstanding researches and reports that the company does and marks the unmatched global coverage, analysis, accuracy of forecasts and talent of the team at KFHR, based in Malaysia and Kuwait. Al-Mukhaizeem explained that the company is working to strengthen the links between the bodies, economic research and statistical institutions in Kuwait and the Middle East with their counterparts around the world. This will effectively support collaboration, and lead to expand and develop data study. He went on to say that the company also plays role in achieving institutional integration, and benefiting from the economic researches to meet the challenges and better understand the capital markets referring to the memorandum of understanding MoU inked with the Central Administration of Statistics (CAS) as an attest to the development of Islamic finance and research, not to mention the preparation of studies, statistics, and reports.
Moreover he mentioned the awards bagged which are Best Islamic Finance Research Firm 2013 - IFN, Best Islamic Research House 2013 - The Asset , Best Consulting Service 2013 - The Asset, Best Islamic Research House 2012 - The Asset, Best Consulting Service 2012 - The Asset, Best Islamic Finance Research House 2011 - The Asset, Best Islamic Research Firm 2011 - IFN, Contribution to Islamic Finance - International Islamic Finance Forum 2010, Outstanding Contribution to Islamic Finance - Failaka-Amanie Symposium 2010, Best Islamic Research Company 2010 - IFN, New Provider for Islamic Finance Research - KLIFF 2008, Contribution to Research in Islamic Finance 2009 - International Islamic Finance Forum 2009, Best Islamic Research Company 2009 - IFN, Best Islamic Research Company 2008 - IFN, Best Research in Islamic Finance - Master of Islamic Funds Award 2007. It is worth noting that Kuwait Finance House (KFH) has established KFH-Research in Malaysia, in order to enrich the Islamic banking field through offering a base of specialized researches and studies.